83-78 RATIFYING AND APPROVING THE EXECUTION OF A PURCHASE CONTRACT AMONG THE CITY OF DECATUR, MACON COUNTY, ILLINOIS, DECATUR MEMORIAL HOSPITAL AND SMITH BARNEY, HARRIS UPHAM & CO. INC. AND OTHER UNDERWRITERS

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. Exhibit III to the Purchase Contract October , 1983 SMTTH BARNEY, HARRIS UPHAM�t CO.INCORPORATEp and the other Underwriters refened to in the within-mentioned Purchase Contract Dear Sirs: The City of Decatur, Illinois (the "City") and the undersigned Decatur Memorial Hospital (the "Corporation") propose to enter into a Loan Agreement dated as of October 1, 1983 (the "Loan Aoree- ment"). The Loan Agreement provides that the moneys to be loaned to the Corporation by the City thereunder will be applied in accordance with the provisions of a Bond Trust Indenture dated as of October 1, 1983 (the"Bond Indenture") between the City and American National Bank and Trust Com- pany of Chicago (the "Bond Trustee"). The Corporation and The Citizens National Bank of Decatur propose to enter into a Master Trust Indenture dated as of October 1, 1983 (the "A4aster Indenture") which provides for the issuance by the Corporation of its Direct Obligation Note, Series A (the "Series ' A Master Note") to evidence the loan to be made by the City to the Corporation. Pursuant to a Pur- chase Contract dated October , 1983 (the "Purchase Contract") with you, which the Corporation has approved, the City proposes to sell to the Underwnters $ aggregate principal amount of its - Hospital Facility Refunding Revenue Bonds, Series 1983 (Decatur Memorial Hospital) (the "Bonds"). The Series A �Iaster Note and certain of the City's rights under the Loan Agreement are assigned to the Bond Trustee in accordance with the provisions of the Bond Indenture to secure the payment of the Bonds, including the inter�st thereon. In order to induce you to enter into the Purchase Contract and to make the offering and sale of the Bonds therein contemplated, the Corporation hereby represents, warrants and agrees with each of you as follows: _ (a) The statements and information in the Official Statement, dated October , 1983 (the "Official Statement"), concerning or relating to the 1981 Project (as defined in the O�cial Statement), the Facilities (as defined in the Master Indenture), the application of the proceeds of the loan by the City evidenced by the Series A Master Note, the effect of the Social Security Act Amendments of 1983 on the Corporation's revenues, the Corporation, its operations and other facilities are, as of the date thereof, true, correct and complete in all material respects. VVe hereby consent to the use of such statements and information in the O�cial Statement. With respect to the Corporation, the 1981 Project, the Corporation's Facilities and other facilities, the O�cial Statement does not contain any statement or information that is untrue or incorrect in any mate- rial respect and does not omit any statement or information necessary to make the statements and information therein not misleading in any material respect. ' (b) The Corporation is duly organized and validly existing as a not for profit corporation in good standing under the laws of the State of Illinois, with power and authority to conduct its business as described in the O�cial Statement and to consummate the transactions contemplated • by the Loan Agreement and the Master Indenture. (c) The Corporation's Facilities are located on the land described on Exhibit I to the Master Indenture.